The August advance is the largest increase in final demand prices since moving up 0.9% in June 2022.
Trends Report
Article
NAM: Outlook Survey Sees Lowest Optimism Since 2Q20
A tight labor market, unbalanced federal regulations, and critical policy debates continue to confront the sector, according to a new study.
Manufacturing
Article
Autoworkers Await Labor Deal, Prep to Strike
Workers at General Motors, Ford Motors and Stellantis factories will strike Friday if a labor agreement is not reached.
Economic Trends
Article
BLS: Consumer Inflation Accelerated in August
August’s 0.6% month-to-month accelerated from a 0.2% increase the previous two months, according to the latest data.
Operations
Article
Fastenal Testing Fleet Electrification with Partner ZEVX
Fastenal says the trial reflects its ongoing commitment to test and, when feasible, operationalize battery electric technology in its fleet.
Operations
Article
Kennametal’s Cost Savings Plan to Include 3-5 Plant Closures
The closures would happen as part of the company’s Operational Excellence and Capacity Optimization initiative.
Manufacturing
Article
Proposed Rule Could Help Improve Rail Service Shipment Times
A proposed STB rule would make it easier for a shipper served by a single railroad to interchange with a different railroad.
Operations
Article
Amazon Launches Supply Chain Management Service
Amazon said the service will help sellers keep products in stock, ship faster and more reliably and significantly lower costs.
Operations
Article
Walmart Expanding Fulfillment Services for 3rd-Party Sellers
Besides expanding Walmart Fulfillment Services to handle big and bulky items, the company is scaling up local pickup and delivery services for physical storefront sellers.
Despite some uncertainty about what’s to come in 2024, 87% of NetPlus Alliance distributor members remain “mostly optimistic.”
Economic Trends
Article
Decline in Manufacturing Tech Orders Continues
New orders of manufacturing tech totaled $353.9 million in July 2023, according to the latest U.S. Manufacturing Technology Orders Report.
Economic Trends
Article
July Wholesale Sales Up, Inventories Down Month-to-Month
Total inventories of merchant wholesalers were $902.3 billion at the end of July, down 0.2% from the prior month.

